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Angela Ackermann

angela.ackermann@engelvoelkers.com +1(772) 418-4420

$ 1,080,000

Est. payment -/mo

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1286 NW 59th ST Miami, FL 33142

3,596 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,596 sqft

Price per Sqft $300

Subdivision Orchard Villa Extension

MLS Listing ID A12052741

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 3596

Year Built 1965

Annual Tax Amount $12,356

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Prime income-producing fourplex in the heart of Miami! This turnkey investment features four fully occupied 2-bedroom, 1-bathroom units, each generating $2,400 per month, providing immediate and reliable rental income. The property has successfully completed its 40-year recertification, and the roof was replaced just two years ago, offering added value and peace of mind for the new owner. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, Miami International Airport, I-95, SR-112, shopping, dining, schools, and public transportation. Strong rental demand, an excellent location, and solid cash flow make this an outstanding addition to any investment portfolio. Don't miss this exceptional opportunity!

Location

State FL

County Miami-dade

Area 2310

Zoning 3901

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Ceramic Tile

Fireplace No

Exterior

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Orchard Villa

Middle Schools Brownsville

High Schools Miami Northwestern

Others

Tax ID 0131140431180

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12052741

Listed by Johana Vanessa Parra Realty One Group Evolution

Angela Ackermann

Broker Associate | License ID: BK3019936

+1(772) 418-4420

Angela Ackermann

1286 NW 59th ST Miami, FL 33142

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1286 NW 59th ST